REG - BP PLC - Result of AGM

BPAnnouncement

17/04/2025 15:45

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RNS Number : 5262F  BP PLC  17 April 2025

BP p.l.c.

Annual General Meeting (AGM) 2025 poll results

BP p.l.c. held its AGM on 17 April 2025 and announces the results of the
voting below.

In accordance with UK Listing Rule 6.4.2, copies of the resolutions passed at
the AGM, other than resolutions concerning ordinary business, have been
submitted to the National Storage Mechanism and will shortly be available for
inspection.

                                                                                 Votes For      %      Votes Against  %      Total Votes Cast (excluding withheld)  % of issued share capital voted*  Votes Withheld**

 Resolution 1: Annual Report and Accounts                                        9,078,414,693  97.60  223,259,294    2.40   9,301,673,987                          58.02                             38,829,961

 Resolution 2: Directors' remuneration report                                    8,889,116,170  95.54  414,681,944    4.46   9,303,798,114                          58.04                             36,686,921

 Resolution 3: To re-elect Helge Lund as a director***                           7,038,590,935  75.72  2,257,012,550  24.28  9,295,603,485                          57.98                             44,899,164

 Resolution 4: To re-elect Murray Auchincloss as a director                      8,701,952,469  97.28  243,037,484    2.72   8,944,989,953                          55.80                             395,511,861

 Resolution 5: To re-elect Kate Thomson as a director                            9,191,792,159  98.67  124,036,365    1.33   9,315,828,524                          58.11                             24,673,290

 Resolution 6: To re-elect Dame Amanda Blanc as a director                       8,639,007,982  95.64  393,577,935    4.36   9,032,585,917                          56.34                             307,909,187

 Resolution 7: To re-elect Tushar Morzaria as a director                         8,895,905,650  95.54  415,626,920    4.46   9,311,532,570                          58.08                             28,958,740

 Resolution 8: To re-elect Melody Meyer as a director                            8,651,712,219  92.90  660,888,420    7.10   9,312,600,639                          58.09                             27,890,663

 Resolution 9: To re-elect Pamela Daley as a director                            8,962,565,167  96.24  349,740,269    3.76   9,312,305,436                          58.09                             28,185,867

 Resolution 10: To re-elect Karen Richardson as a director                       9,044,374,295  97.14  266,401,115    2.86   9,310,775,410                          58.08                             29,722,610

 Resolution 11: To re-elect Satish Pai as a director                             9,069,372,771  97.41  241,202,341    2.59   9,310,575,112                          58.08                             29,922,902

 Resolution 12: To re-elect Hina Nagarajan as a director                         9,072,450,547  97.44  237,977,596    2.56   9,310,428,143                          58.08                             30,069,876

 Resolution 13: To re-elect Dr Johannes Teyssen as a director                    9,031,721,064  97.00  279,309,927    3.00   9,311,030,991                          58.08                             29,465,978

 Resolution 14: To elect Ian Tyler as a director                                 9,048,789,382  97.19  261,550,080    2.81   9,310,339,462                          58.08                             30,158,557

 Resolution 15: Reappointment of auditor                                         9,093,732,383  97.72  212,291,956    2.28   9,306,024,339                          58.05                             34,523,812

 Resolution 16: Remuneration of auditor                                          9,259,537,642  99.45  50,859,551     0.55   9,310,397,193                          58.08                             30,088,921

 Resolution 17: Political donations and political expenditure                    9,019,721,070  97.33  247,755,323    2.67   9,267,476,393                          57.81                             73,010,401

 Resolution 18: Approval of the BP Share Award Plan 2025                         9,203,073,538  98.91  101,647,483    1.09   9,304,721,021                          58.04                             35,765,775

 Resolution 19: Approval of the BP Global Share Match 2025                       9,212,295,126  99.02  91,419,580     0.98   9,303,714,706                          58.03                             36,772,091

 Resolution 20: Directors' authority to allot shares (section 551)               8,904,799,957  95.73  397,176,897    4.27   9,301,976,854                          58.02                             38,509,938

 Resolution 21: Special resolution: Authority for disapplication of pre-emption  9,153,285,585  98.63  126,790,308    1.37   9,280,075,893                          57.89                             60,410,900
 rights (section 561)

 Resolution 22: Special resolution: Additional authority for disapplication of   9,157,512,880  98.67  123,691,364    1.33   9,281,204,244                          57.89                             59,282,549
 pre-emption rights (section 561)

 Resolution 23: Special resolution: Share buyback                                9,249,104,789  99.35  60,413,572     0.65   9,309,518,361                          58.07                             30,967,018

 Resolution 24: Special resolution: Notice of general meetings                   8,734,442,138  93.79  578,076,319    6.21   9,312,518,457                          58.09                             27,960,209

 

* Total voting rights of the shares in issue excluding Treasury shares as at
15 April 2025 (being the time at which shareholders had to be on the Company's
shareholder register in order to be eligible to vote): 16,031,310,455. Every
shareholder has one vote for every ordinary share held and two votes for every
£5 in nominal amount of bp preference shares held.

** Please note a 'vote withheld' is not a vote under English law and is not
counted in the calculation of votes 'for' or 'against' a resolution.

*** On 4 April 2025, bp announced that the board of directors had initiated a
succession process to select a new chair, after Helge Lund informed the board
of his intention to step down in due course. The succession process is well
underway.  Whilst it progresses, the board will continue to consult with its
shareholders to understand the reason behind the result for resolution 3 on
the re-election of Helge Lund and will provide an update on the views received
from shareholders and the actions taken within six months of today's
meeting.

 

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